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To: flatsville who wrote (106300)6/4/2001 9:30:05 AM
From: Don Lloyd  Read Replies (1) | Respond to of 436258
 
f -

To justify increasing the minimum wage and claiming that it does not affect either job existence or creation, you have to come up with an argument as to why a $10 minimum wage is OK and a $1000 minimum wage is not, unless you really think that it is OK as well. If you accept losses in job creation, you are helping parents by destroying their children.

Regards, Don



To: flatsville who wrote (106300)6/4/2001 9:59:25 AM
From: Les H  Read Replies (2) | Respond to of 436258
 
You'd also have to factor in the potential loss of hours, not just the potential loss of jobs. Many of those jobs are non-exempts, and higher minimum wage may impact the overtime compensation more greatly than the regular wage. Many workers depend on the overtime compensation. Increasing the base rate 25% hits more subtantially on the time-and-half or double overtime rates. Organized labor is all for any regulations that will decrease competition and create what they think will require more bodies to fill the same number of hours of labor requirements.



To: flatsville who wrote (106300)6/4/2001 10:24:13 AM
From: LLCF  Respond to of 436258
 
LOL, yea we're in the biggest boom in history at the moment... you should get a study from the 70's.... "outmoded" I suppose.

DAK